Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
About 9000 Fonterra farmers have so far bought goods and services via the co-op’s new Farm Source rewards scheme, earning $3 million in reward dollars.
Farm Source stores director Jason Minkhorst says fuel and electricity are among their purchases.
There are now three South Island stores – Methven and Culverden in Canterbury and new this month at Otautau in Southland.
The first North Island hub will open in Marton in the next few months.
Minkhorst says Farm Source supports farmers, offering them a convenient home base to use in town.
“We already have a network of rural retail stores we’re building on and expanding so farmers can access more support…. Before Otautau farmers needed to drive to Invercargill for supplies… or wait for the team to visit them.”
Otautau’s Farm Source store manager David Sinclair says the team there includes sales assistants, a technical sales representative and an area manager “who have a good understanding of the regional conditions, council regulations and what’s important to our farmers here”.
The store sells rural supplies and offers access to exclusive deals and facilities like meeting rooms, free wifi or drop-in space to make a coffee and relax.
Minkhorst says the roll-out of the Farm Source stores will happen over time. “We know things are tough… right now so are only making necessary improvements to our existing stores.”
A recent Beef + Lamb New Zealand ‘Farming for Profit’ field day drew about 100 people keen to hear about the policies that drove performance at Erewhon Station, located on the Taihape to Napier Road.
The New Zealand International Business Forum (NZIBF) has welcomed the Labour Party's support for the New Zealand-India Free Trade Agreement.
Wallaby control efforts in Canterbury have received a major boost, with Canterbury Regional Council releasing $2 million from its Pest Management Reserve.
Finding and supporting ‘champion farmers’ – or top-quality farmers - is one of best ways of getting other farmers to take the appropriate measures to mitigate environmental issues, according to a leading Irish scientist Dr Mary Ryan.
Zespri has unveiled Grown for Good, a refreshed global brand platform, in an effort to reinforce the company's commitment to nutrition and creating value across the kiwifruit industry.
For the first time in more than 30 years the Government has set a new set of radical priorities for the science it funds - including agriculture.
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